FinCEN: Counter Terrorist Financing Taskforce – Israel

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FinCEN joined twelve financial intelligence units (FIUs) in issuing a public statement November 27, recognizing the formation of a task force of like-minded FIUs who aim to strengthen efforts to disrupt international financial flows to Hamas and other terrorist organizations.

Task Force Members commit to taking concrete actions to:

1. Enhance financial intelligence on terrorist-financing related matters and associated financial flows and economic activities;

2. Expedite and increase sharing of financial intelligence in terrorist financing-related matters and associated financial flows and economic activities;

3. Discuss FIU best practices, lessons learned, and opportunities for additional actions and partnerships to combat and disrupt terrorist financing activities; and

4. Strengthen and facilitate working relationships between FIUs and competent public authorities and the private sector addressing this threat.

The task force was established immediately following the attacks by Hamas against Israel on October 7. 

[Joint Statement]

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